Eigenvector ranking method as a measuring tool: Formulas for errors
I.L. Tomashevskii
European Journal of Operational Research, 2015, vol. 240, issue 3, 774-780
Abstract:
The eigenvector method (EM) is well-known to derive information from pairwise comparison matrices in decision making processes. However, this method is logically incomplete since its actual numerical error is unknown and its reliability is doubted by such phenomena as “right–left asymmetry”, “rank reversal”, and reversal of “order of intensity of preference”.
Keywords: Decision analysis; Eigenvector method; Analytic Hierarchy Process; Pairwise comparisons; Rank reversal (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (11)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:240:y:2015:i:3:p:774-780
DOI: 10.1016/j.ejor.2014.07.050
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